We blogged about multiple wills in December 2015 as a strategy for those under 65 to reduce probate fees (1.4% of the value of an estate). Our understanding at that time was that multiple wills were accepted as a matter of policy, as opposed to being confirmed by a BC Court. Well, the Berkner Estate court decision (2017 BCSC 619) has now confirmed the effectiveness of multiple wills.
This blog post expands on the planning opportunities of using multiple wills, as well as some of the practical issues. (more…)